ESG Stocks Perform Better, But Rankings Can Vary Widely

It’s no secret that public companies that are ranked highly for their environmental, social, and governance (ESG) efforts are performing well with investors – better, in fact, than those who aren’t. What’s not so well known is that the rankings can be dramatically different depending on who’s providing them. The Wall Street Journal (WSJ) recently…

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Congress Holds Hearing on Pay Equity, Proposed Laws

Last month, in the U.S. House of Representatives, the Subcommittee on Diversity and Inclusion held a virtual hearing entitled, “Closing the Racial and Gender Wealth Gap Through Compensation Equity.” Among the matters discussed were two pieces of legislation aimed at closing gender and racial pay gaps. According to the House Committee on Financial Services, the…

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Canada Pay Equity Act Anticipated to Take Effect This Year

In a landmark effort to ensure that pay equity is both achieved and maintained, the Canadian parliament passed the Pay Equity Act in December of 2018. The Pay Equity Act will create new proactive pay obligations on employers in the public and private sectors. Since 2018, covered organizations have waited for the Act to take…

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